CIMB FastSaver

maumu

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sorry if it's an ignorant question, but must u be a muslim to open a shariah-compliant account (fastsaver-i)?
 

shpesft

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Do you mean that same person can have Fastsaver & Fastsaver-i & both can enjoy 1% up to 50k in each of the above-mentioned accounts?

According to their CSO, yes you can.

Don’t have to be Muslim to open the FastSaver-i account
 

a4973

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According to their CSO, yes you can.

Don’t have to be Muslim to open the FastSaver-i account

thanks, did not know about the -i version & have been dumping the overflow of FastSaver interest into a StarSaver for 0.8% instead.
 

Whisper

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If I sign up for both fastsaver-i and fastsaver account..will the $50k transfer limit be for both accounts add together or I can transfer $50k from each account ($50k*2)?
 
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henrylbh

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Do you mean that same person can have Fastsaver & Fastsaver-i & both can enjoy 1% up to 50k in each of the above-mentioned accounts?

Both not the same. One is halal and pays profit and no interest :s13:
 

henrylbh

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If I sign up for both fastsaver-i and fastsaver account..will the $50k transfer limit be for both accounts add together or I can transfer $50k from each account ($50k*2)?

Transfer out limit is 50k per day and it doesn't matter from how many accounts make up the amount, unless you are preferred customer.
 

Whisper

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Transfer out limit is 50k per day and it doesn't matter from how many accounts make up the amount, unless you are preferred customer.
I see..tks..have just applied for both accounts but not yet deposit any money. :)
 

jayz89

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Quick question, if got more than $15000.

This or maxi gain?

Vices versa. If less than $15000? Lets say $1000-$10000
 

Sg_Stone

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Quick question, if got more than $15000.

This or maxi gain?

Vices versa. If less than $15000? Lets say $1000-$10000

If less than $15,000, then Cimb, as maxigain have a daily average of $15,000 to avoid the charges..

If more than $15,000.. place $15,000 in maxigain while the rest in cimb.. once maxigain gains 2 counters, the approximate interest earned would more slightly more than 1% (0.2 + 0.8*1 % sibor), current sibor rate is slightly above 1% iirc..

However do note that the lower balance of money in maxigain compared to previous month will cause a drop of counters (interests %), whereas cimb enjoys 1% fuss free till $50,000
 

jayz89

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If less than $15,000, then Cimb, as maxigain have a daily average of $15,000 to avoid the charges..

If more than $15,000.. place $15,000 in maxigain while the rest in cimb.. once maxigain gains 2 counters, the approximate interest earned would more slightly more than 1% (0.2 + 0.8*1 % sibor), current sibor rate is slightly above 1% iirc..

However do note that the lower balance of money in maxigain compared to previous month will cause a drop of counters (interests %), whereas cimb enjoys 1% fuss free till $50,000

Thanks for your reply !
 

jayz89

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just opened this account.

shld had done it sooner. lol
 
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jayz89

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What you want? For convenience, make sure you also have internet banking.

i read the email they sent, so now I just wait for the next email after they verify my documents and the amount has been xfer over. tks
 

henrylbh

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i read the email they sent, so now I just wait for the next email after they verify my documents and the amount has been xfer over. tks

The day you open the account is the day they give you an account number and the day you put in the money is the day they credit your account. With account number, you can also fast transfer deposit into the account.
 

Mr.Canberra

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just opened this account.

shld had done it sooner. lol

Best no gimmicks high interest savings account in Singapore. Support! :s13:

Ai zai lah. You know CIMB's chairman is the the adek of which VVVIP? :s13:
 

jayz89

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The day you open the account is the day they give you an account number and the day you put in the money is the day they credit your account. With account number, you can also fast transfer deposit into the account.

Yup this is what I did ytd
 
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